In a limited partnership, PB, the persons HS and RW owned KBF (a Limited liability company), a catfish farm in Mississippi. RW operated a hatchery for a period of eight years where the hatchery had only two profitable years following which RW was fired. A suit was filed against KBF and its owners for a freeze-out. A counterclaim for theft was filed by the defendant. The request to obtain the documents of RW, especially the finance-related documents, to support the claim. The request was rejected and an amunt of &&#35;36;1.7 million was awarded to RW by the jury. The decision was appealed. To Find: The legitimacy of the defendants’ request to obtain the details with regard to RW’s outside income.

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Chapter 3, Problem 5CT

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Case summary:In a limited partnership, PB, the persons HS and RW owned KBF (a Limited liability company), a catfish farm in Mississippi. RW operated a hatchery for a period of eight years where the hatchery had only two profitable years following which RW was fired. A suit was filed against KBF and its owners for a freeze-out. A counterclaim for theft was filed by the defendant. The request to obtain the documents of RW, especially the finance-related documents, to support the claim. The request was rejected and an amunt of &#36;1.7 million was awarded to RW by the jury. The decision was appealed.

To Find:The legitimacy of the defendants’ request to obtain the details with regard to RW’s outside income.

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